Mountain Area Health Education Center Inc

Nonprofit profile at a glance

EIN
561071426
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Asheville, NC, USA
Phone
8282574400
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$146,571,218
Expenses
$135,674,872
Assets
$122,280,111
Liabilities
$33,013,538

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • WILLIAM R HATHAWAY MD (CEO)

Highest reported compensation

  • WILLIAM R HATHAWAY MD (CEO): $564,251 total reported compensation
  • CAROL COULSON (DIVISION DIRECTOR, MATERNAL FETAL MEDICINE): $469,451 total reported compensation
  • LISA FOGLIA (MATERNAL FETAL MEDICINE PHYSICIAN FACULTY): $392,909 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nc ahec program provides and supports educational activities and services with a focus on primary care in rural communities and those with less access to resources to recruit, train, and retain the workforce needed to create a healthy North Carolina.

What it reported doing in 2024

Unc health sciences at mahec includes the unc school of medicine asheville campus, a master of public health program led by unc gillings school of global public health, and innovative educational and research collaborations with unc eshelman school of pharmacy. Unc health sciences at mahec is supported and informed by mahec's department of research and library science , which focuses on rural healthcare workforce development, academic medicine, clinical research, and practice transformation to improve patient, community, and population health. All programs under the umbrella of unc health sciences at mahec encourage learners to train with rural professionals, develop a deep appreciation for rural values, and contribute to improving the quality of life and health in communities across wnc.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 89
  • Accountability: 100
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.3%; rating input score 87
  • Program expense ratio: 94.7%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.4%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.9; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 2.1%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 12% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 10.4% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 11.2% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 87.3% of revenue deployed · 94.7% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 9 filed program accomplishments · $128.5M in reported program spending
  • Leadership: top reported pay $564K · 27 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.7M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Review — Sustainability: Officer compensation ratio scored 53/100.
  • Review — Sustainability: Liabilities to assets ratio scored 59/100.